HVAC – R India Expo 2022

18-22 January, 2022

On Virtual Platform

A Report
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CONTENTS
Messages 5
HVAC – R Sector 11
The Brief Report 13
Statistics 17
List of Products Displayed 18
B2B 20
Publicity and Branding 21
Social Media Handles 28
Media Coverage 36
Outcome Analysis 38
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Chairman's Pen
Happy New Year to all!
I wish this new year uplifts everyone's spirits.
India's largest and first virtual expo on Heating, Ventilation, Air Conditioning and Refrigeration is all set to start on
the 18th of January. The five day expo will feature visitors and buyers from 36 countries.
The expo will have matchmaking platform with overseas counterparts where one can participate in thematic
webinar with industry leaders and bureaucrats.
India ranks 24th in heating, 25th in AC and 33rd in refrigeration units. We are also the 16th largest global
supplier of equipment and parts for air-conditioning, refrigeration and ventilation.
USA, UAE and China were the three topmost destinations of India’s global exports of HVAC-R products in 2020
with their respective shares of 16.7%, 7.0% and 5.92% respectively in 2020. European Union (EU) is the largest
importer of India’s HVAC-R products among all the regions with a consumption of over one-fifth of India’s total
global exports of the same. North America and ‘Middle-east and West Asia’ (MEWA) are the immediate followers
of EU with respective shares of 18.2% and 16.5%. Both ASEAN and North-east Asia consumes over 10% of
India’s global exports of HVAC-R last year.
I am hopeful the figures will reach the magical numbers with all the markets opening up for global trade.
India’s goods exports surged to $37.29 billion in December, the highest ever monthly performance, posting
a year-on-year growth of 37 per cent, with top sectors including petroleum, gems & jewellery, engineering
products, pharmaceuticals, chemicals, and textiles taking the lead.
The government estimated the economic growth for the year 2021-22 fiscal year at 9.2 per cent, expecting
limited impact of the third Covid wave on the economy.
I am sure in this scenario, an exhibition on HVAC –R will incentivize the overseas buyers to procure from India
thereby bolstering the Indian outbound shipments in the sector and helping the country to meet the USD 400
billion export target and USD 107 billion engineering export target in FY22.
All the best to all the exhibitors and visitors for the expo.
I wish you all a very good business among yourselves

(Mahesh Desai)
Chairman, EEPC India
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From the desk of Vice Chairman, EEPC India

Wishing everyone a happy and prosperous new year 2022.

Indian economy is shining with predicted GDP rate of 9.2% in FY22. A 35.3 % drop and narrowing of fiscal deficit
to 46.2% of the Budget estimate during April- November 2021 period and 50.3 percent rise in Gross Tax Revenue during
the same period indicate healthy macro parameters. India is all set to become the second largest economy in terms of
purchasing power parity (PPP) by 2040.
India’s exports for the first time exceeded USD 100 billion mark in the quarter ending September 2021. A total of USD
101.89 billion in exports was reported in the country during the said quarter paving the way to reach the magic figure of
USD 400 Billion in FY 22.
International trade fairs are opening up bringing in new players to the market. Though some sectors still follow the
virtual mode of attending webinars and expos.
The HVAC-R India Expo 2022 is another such virtual expo which will bring in players from 36 countries across five
continents.
The expo will display 72 products from Heating, Ventilation, Air-conditioning and Refrigeration sectors.
The 05 day expo starting from the 18 day of January 2022 will showcase India's HVAC-R equipment. HVAC-R sector in
India witnesses stiff competition among several leading global companies and a number of indigenous establishments as
well. While the global names include brands like Carrier Corporation, Daikin Industries Ltd., Mitsubishi Electric Corporation,
LG Electronics Inc., Ingersoll-Rand plc, and Panasonic Corporation among others have been competing in holding larger
share of the market, Indian firms including Blue Star Limited, Havells India Limited, and Voltas Limited also comfortably
secure their places with rising demand for their products.
India Exported USD 2026.20 million HVAC –R Products during 2020 with Exports of Equipment and Parts for Air
Conditioner, Refrigeration and Ventilation comprising the biggest share of 77.67%,followed by 11.35 % by Heating
Equipment exports; 6.64% by Refrigerating Units and 4.3% by Air Conditioning Units.
I wish EEPC India and its participating member all the best.
I look forward to receiving positive feedback from the participants.
Good luck to all and welcome to the First V Expo in 2022 and the 10th in EEPC India calendar.
Thank You

(Arun Kumar Garodia)

Vice Chairman, EEPC India
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From the desk of Past Chairman & Chairman of the Publicity, Exhibition
and Delegation Committee, EEPC India

HVAC- R India Expo 2022 is be a five day affair over 18-22 January, displaying 72 products under seven
broad heads namely- Air Handling and Air Distribution Products; Air Movement, Ventilation & Indoor Air Quality
Products; AC, Heating and Refrigeration Equipment & Systems; Energy & Specialised Climate Control Systems
etc
Indian HVAC-R market is estimated to reach USD 31.6 billion by 2030, with a Compounded Annual Growth
Rate (CAGR) of 16.0% between 2020 and 2030 with a consistent Exports of over USD 2 Billion for the past
three years which made India the 16th largest Global provider of Equipment and Parts for Air Conditioning,
Refrigeration and Ventilation, 24th in Heating units, 25th in AC and 33rd in Refrigerating Units. Rs. 6,238 crores
(US$ 849 million approximately) has been granted under the Government of India Production Linked Incentive
(PLI) Scheme in White Goods which is expected to generate production worth of Rs 1.68 Trillion (USD .022
Trillion)
Thank You and I welcome you all to HVAC - R India Expo 2022

(Rakesh Shah)
Past Chairman & Chairman of the Publicity,
Exhibition and Delegation Committee,
EEPC India
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HVAC – R sector
Four reasons that make India one of the World’s leading Manufacturers and Exporters of HVAC-R
products.

24th in Heating, 25th

in Ac, and 33rd in
Refrigerating Units.
India among the top Global
Providers of HVAC-R Units

16th Largest
Global Supplier of
Equipment and Parts
for Air Conditioning,
Refrigeration and
Ventilation

77.71 %
of HVAC-R Exports Comprises Equipment
and Parts

Indian Manufacturers Use

Advanced, Low Carbon Heating
Technologies
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Indian HVAC-R market is estimated to reach USD 31.6 billion by 2030, with a Compounded Annual
Growth Rate (CAGR) of 16.0% between 2020 and 2030 with a consistent Exports of over USD 2 Billion
for the past three years which made India the 16th largest Global provider of Equipment and Parts for Air
Conditioning, Refrigeration and Ventilation, 24th in Heating units, 25th in AC and 33rd in Refrigerating
Units. Rs. 6,238 crores (US$ 848.96 million) approved Production Linked Incentive (PLI) Scheme for
White Goods (for manufacture of components and sub-assemblies of air conditioners and LED lights )
will generate production worth of Rs 1.68 Trillion (USD .022 Trillion) and Exports worth Rs 64,400 Crores
(USD 8.50 billion) over the next five years
India Exported USD 2026.20 million HVAC –R Products during 2020 with Exports of Equipment and
Parts for Air Conditioner, Refrigeration and Ventilation comprising the biggest share of 77.67%,followed
by 11.35 % by Heating Equipment exports; 6.64% by Refrigerating Units and 4.3% by Air Conditioning
Units.
USA, UAE and China were the three topmost destinations of India’s global exports of HVAC-R products
in 2020 with their respective shares of 16.7%, 7.0% and 5.92% respectively in 2020. European Union
(EU) is the largest importer of India’s HVAC-R products among all the regions with a consumption of
over one-fifth of India’s total global exports of the same. North America and ‘Middle-east and West Asia’
(MEWA) are the immediate followers of EU with respective shares of 18.2% and 16.5%. Both ASEAN and
North-east Asia consumes over 10% of India’s global exports of HVAC-R last year.
HVAC-R sector in India witnesses stiff competition among several leading global companies and
a number of indigenous establishments as well. While the global names include brands like Carrier
Corporation, Daikin Industries Ltd., Mitsubishi Electric Corporation, LG Electronics Inc., Ingersoll-Rand
plc, and Panasonic Corporation among others have been competing in holding larger share of the market,
Indian firms including Blue Star Limited, Havells India Limited, and Voltas Limited also comfortably secure
their places with rising demand for their products.
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THE BRIEF REPORT

EEPC India held the first edition of Virtual Expo on Heating, Ventilation, Air Conditioning and Refrige-
ration HVAC - R 2022 over 18-22 January, 2022. The event focussed on buyers from 36 countries from
five continents including Asia, Europe, Africa, North America and South America.
HVAC - R India Expo 2022 was a five day affair over 18-22 January, displaying 72 products under
seven broad heads – Air Handling and Air Distribution Products; Air Movement, Ventilation; Indoor Air
Quality Products; AC, Heating and Refrigeration Equipment & Systems; Energy & Specialised Climate
Control Systems; Unitary Products (AC); Labour Saving Tools & Instruments, Software and Business
Services.
EEPC India Senior Office Bearers; Chairman Mr Mahesh Desai; Vice Chairman Mr Arun Kumar
Garodia and Past Chairman & Chairman of the Publicity, Exhibition and Delegation Committee, EEPC
India, Mr Rakesh Shah all welcomed the participants to the event on the Inaugural Session on January
18, 2022.
The 5 day event
37
Around 22 Meeting
27 Buyer Seller requests exchanged
Exhibitors Meets between Exhibitors
and Visitors
70 Chat
Around Exchanges
413 between Visitors
Buyers and Exhibitors
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Two webinars were held on two dates — January 18 and 20, 2022
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On January 18, 2022 EEPC India in association with Indian Embassy in Qatar and IBPC (Indian
Business Professionals Council) organised the Bilateral India – Qatar Business Forum. Mrs T Angeline
Premlatha, Counsellor, Embassy of India in Doha; Mr Jaffar U Sadiq, President, IBPC; Dr Muhammad
Ijaz Khan,The Institution of Engineers, Qatar Chapter; Mr Mahesh Desai, Chairman, EEPC India and
Mr Mukul Khandelwal, Chairman of the Committee of Trade with GCC Countries.
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On January 20, 2022, EEPC India in association with Bureau of Indian Standards (BIS) organised
a webinar on Standards and Certification on, Ventilation, Air Conditioning and Refrigeration Segment with
Mr Sanjay Pant, Deputy Director General, BIS as the Key Speaker from BIS.
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Statistics

27
Indian
Exhibitors

230
Indian
Buyers

183
International
Buyers
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Product Displayed

Air Handling & Air Distribution Products Unitary Products (Air Conditioners)
m Air Handling Units m Window AC
m Evaporative Cooling m Split AC
m Fan Coil Units m Packaged AC
m Grills & Diffusers m Rooftop AC
m Air Filters m Portable AC
m Dampers m Precision AC
m Duct Fabricating Machines m Dehumidifiers & Humidifiers
m Insulation m VRV
m Acoustic Lining m VRF systems
m VAV Systems Air Movement, Ventilation, Ducts & Other
IAQ Products
m Blowers & Fans
m Ducting Systems and Machinery
m Prefabricated Ducts
m Fluids - IAQ Products (Filters, Humidifiers,
m Chilled Beams
etc.)
Air Conditioning, Heating & Refrigeration
m Ventilation Systems & Components
Equipment & Systems
m Valves
m Air Conditioning
m Ventilation Systems and Components
m Heating Pumps, Heat Exchangers
m Refrigeration Systems and Equipment
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Energy & Specialized Climate Control m Geo Thermal

System m Thermal Storage Systems
m Building Automation System m Vibration Isolators
m Facility Management System m Duct Pipe Supports
m Control Valves, Sensors and Field Devices m Air Curtains
m Energy-Saving Equipment m Lighting Manufacturers
m Renewable Energy Equipment m BMS and Building Automation services
m Solar Cooling m Air Economiser
Labour-Saving Tools & Instruments, m Water Economiser
Software, and Business Services
m Filters
m HVAC Industry Services
m UV Lights
m Installation Tools & Equipment
m Ozone Systems
m Insulation Products
m Air Purifiers
m Fittings, Components
m Air Purification Systems
m Valves, Pumps, Pipes
Others
m Plumbing Products and Technologies
m Packaged Chillers
m Power Generation
m Centrifugal Compressors
m Tools & Accessories
m Screw Compressors
m Measuring Technologies
m Scroll Compressors
m Simulation Based Technologies
m Reciprocating Compressors
Indoor & Quality
m Vapour Absorption
m Indoor Air Quality Products
m Magnetic bearing
m Clean Rooms & Allied Equipment
m Heat Pumps
m Radiant Cooling
m Cooling Towers
m District Cooling
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B2B

70 Chat exchanges
between Indian Exhibitors
and Visitors

22 Pre fixed
B2B Meetings

Country specific
arrangements were
done for Vietnam,
Colombia and Qatar
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PUBLICITY AND BRANDING

HVAC-Visitor-Emailer
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VIRTUAL
ENGINEERING
EXPOS Department of Commerce
Ministry of Commerce & Industry
HVAC-R INDIA 2022 Government of India

THE HVAC-R
MARKETPLACE IS
ABOUT TO HEAT UP!

INDIA EXPO 2022

18–22 JAN 2022 / ONLINE

REGISTER NOW

Emailer-HO
TOP REASON TO VISIT
HVAC-R India Expo 2022 is expected to be the most
complete virtual Heating, Ventilation, Air Conditioning
and Refrigeration exhibition from India.

PRODUCTS ON SHOW
• Air Handling & Air
Distribution Products
• Air Movement, Ventilation,
Ducts & other IAQ
Products
• Indoor Air Quality
• Air conditioning,
Heating & Refrigeration
Equipment & Systems
• Energy & Specialized
Climate Control System
• Others
• Unitary Products (Air
Conditioners)
• Labour-saving Tools &
Instruments, Software,
and Business Services

FULL PRODUCT LIST

You’ll be joined by buyers and visitors from

36 countries across five continents

CONTACT
Mr Rajat Sharma
rsharma@eepcindia.net
Mob: +91 99104 45432

Visitor-Emailer

Arabic-Emailer
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French-Emailer Portuguese Emailer Spanish Emailer

Brochure
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Whatsapp HO
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B2B background

Virtual Backdrop

First Slide
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EMS banner

Web Banner

Event portal
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Embassies recampaigned the event .

Indian Missions in Hamburg, Panama and Johannesburg

Indian Embassy in Hamburg Indian Embassy in Johannesburg

Indian Embassy in Panama

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Social Media Handles

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Facebook
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Instagram
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Koo
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LinkedIn
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Pinterest
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Twitter
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MEDIA COVERAGE
Extensive Media Coverage was received for HVAC R and India Qatar Bilateral Business Forum

Gulf Times- January 22, 2022

The Doha Globe- January 20, 2022

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IBC World News- January 20, 2022

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• The maiden EEPC India initiative with HVAC R as a 5 day Virtual Expo was held over 18-22
January, 2022. Buyers from 36 countries covering five continents including Asia, Europe,
Africa, North America and South America were invited

• 72 Products were on display by 27 Indian Exhibitors

• The products were grouped under seven Categories namely Air Handling and Air Distri -
bution Products; Air Movement, Ventilation; Indoor Air Quality Products; AC, Heating and
Refrigeration Equipment & Systems; Energy & Specialised Climate Control Systems; Unitary
Products (AC); Labour Saving Tools & Instruments, Software and Business Services

• The event had a dedicated Expo Platform – https://eepcvirtualexpo.com/hvacr-2022

• 413 Indian and Overseas Buyers and Visitors attended the five day of the event

• 22 B2B Meetings were held with 183 Overseas Buyers and 230 Indian Buyers/Visitors
with cooperations of Indian Overseas Missions.The E BSMs were fruitful for both the
participants (Indian and their overseas counterparts) and provided information regarding
various HVAC-R (Heating, Ventilation, Air Conditioning and Refrigeration) equipment
and machinery technologies which have already been earmarked by various companies/
institutions domestically & globally. 70 Chat exchanged between exhibitor & visitors and
37 meeting requests were also recorded.
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• Two web sessions were held with the Manufacturers and Exporters of Heating,Ventilation,Air
Conditioning and Refrigeration which witnessed good Participation from the Industry. The
discussions in the BIS session and Bilateral session exposed the audience to the Global and
latest Technologies in the sector. The speakers highlighted the Key advancements in this
sector

• The five day event had participations and assistances from Ministry of Commerce &
Industry, Indian High Commissions & Embassies in Focus Nations; Industry leaders,
Entrepreneurs as stakeholders
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NOTES